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Quantitative Finance Intern Jobs in Michigan (NOW HIRING)

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Quantitative Finance Intern information

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$10

$17

$23

How much do quantitative finance intern jobs pay per hour?

As of Aug 30, 2026, the average hourly pay for quantitative finance intern in Michigan is $17.31, according to ZipRecruiter salary data. Most workers in this role earn between $14.86 and $19.47 per hour, depending on experience, location, and employer.

What does a quantitative finance intern do?

A Quantitative Finance Intern works on developing and implementing mathematical models to analyze financial data, assess risk, and support trading or investment strategies. They use programming languages like Python, R, or C++ to process large datasets and apply statistical or machine learning techniques. Interns often collaborate with traders, quantitative analysts, and software engineers to optimize financial models and improve decision-making. This role provides hands-on experience in quantitative research, algorithmic trading, or risk management within financial institutions.

What kinds of projects or tasks does a quantitative finance intern typically work on during their internship?

Quantitative Finance Interns often work on projects involving data analysis, financial modeling, and the development or back-testing of trading strategies under the supervision of senior analysts or portfolio managers. Typical tasks may include manipulating large datasets, applying statistical or mathematical models, coding algorithms, and preparing presentations or reports for stakeholders. Interns frequently collaborate with team members across research, trading, and risk management divisions, gaining exposure to real-world financial problem-solving. This role offers a hands-on learning environment that helps build practical skills and can open the door to full-time opportunities within the firm.

What are the key skills and qualifications needed to thrive as a quantitative finance intern?

To thrive as a Quantitative Finance Intern, you need strong skills in mathematics, statistics, data analysis, and a background in finance, economics, or a related quantitative field. Proficiency with programming languages such as Python, R, or MATLAB, along with familiarity with financial modeling tools and Excel, is typically required. Excellent problem-solving abilities, attention to detail, and communication skills help you collaborate effectively within dynamic teams. These competencies are crucial for analyzing complex financial data and contributing meaningful insights in fast-paced finance environments.

What are the most commonly searched types of Quantitative Finance jobs in Michigan?

The most popular types of Quantitative Finance jobs in Michigan are:

What cities in Michigan are hiring for Quantitative Finance Intern jobs?

Cities in Michigan with the most Quantitative Finance Intern job openings:

Infographic showing various Quantitative Finance Intern job openings in Michigan as of August 2026, with employment types broken down into 89% Full Time, 7% Part Time, 3% Contract, and 1% Nights. Highlights an 80% Physical, 9% Hybrid, and 11% Remote job distribution, with an average salary of $35,996 per year, or $17.3 per hour.

2022 Summer Intern - Financial Due Diligence

Detroit, MI โ€ข On-site

$17.50 - $23/hr

Full-time, Temporary, Internship

Re-posted 28 days ago


Job description

At Stout, we're dedicated to exceeding expectations in all we do - we call it Relentless Excellence ยฎ. Both our client service and culture are second to none, stemming from our firmwide embrace of our core values: Positive and Team-Oriented, Accountable, Committed, Relationship-Focused, Super-Responsive, and being Great communicators. Sound like a place you can grow and succeed? Read on to learn more about an exciting opportunity to join our team.
Our 10-week Summer Analyst program is designed for students interested in pursuing a career in transaction advisory. The program includes formal training, mentoring, networking events, and real-world projects that provide an invaluable look into financial due diligence and life as a Full-Time Analyst.
As a Summer Analyst in the Transaction Advisory group at Stout, you'll be a key member of multiple deal teams over the course of the program, advising corporate and financial sponsor clients on buy-side and sell-side transactions across a broad range of industries. Our lean deal teams mean that you'll receive on-the-job training directly from senior team members throughout the program and that you'll be expected to assume a high level of responsibility from the get-go.
At Stout, you are engaged in real work right away.
As a Summer Analyst, your day-to-day contributions might include:
  • Analyzing financial information and financial data books;
  • Performing trending analyses;
  • Preparing materials such as agendas, request lists and diligence deliverables;
  • Attending meetings and / or calls with clients and targets;

Qualifications / Skills / Requirements:
  • Pursuing a BA/BS in Accounting, Economics, Finance, or related discipline
  • Strong academic record
  • Demonstrated interest in transaction advisory
  • Analytical, quantitative, and attentive to the details
  • Excellent communication and interpersonal skills
  • Collaborative with a strong work ethic and a positive attitude
  • Must be eligible to work in the US without employer sponsorship

Why Stout?
Our goal is to provide a comprehensive Total Rewards program that includes competitive compensation, benefits & wellness programs that allows employees to choose what's most important to them at any life stage. At Stout, we are committed to the personal and professional development of our employees while fostering a diverse and inclusive environment.
Stout Culture: We honor the fundamental value and dignity of all individuals. We are committed to representing and including the unique experiences, perspectives, and backgrounds of our people, partners, and the communities we serve. Our core values embrace a culture of inclusion and the equitable treatment of all team members, starting with Stout's leadership and spreading across the organization. We strive to recruit, develop, and retain individuals with an array of talents, ideas, and experiences that propel the entrepreneurial spirit and exceptionalism that drive our success. To learn more about our commitment to diversity, equity, and inclusion, click here.
Professional Development: To foster employee development we offer ongoing training and learning opportunities, employee resources groups, mentorship programming, and professional designation reimbursement. We believe in timely and proactive performance excellence, ongoing 360 feedback, clear performance expectations at each level, and quarterly check-ins with your manager ensure you are supported and growing your career.
Stout Benefits : Stout offers a variety of benefits to meet the ever-changing needs of our employees throughout their career at Stout. View our Benefits page to see what this can look like for you.
Flexible Work Schedules: Work-life balance is important to us and we want our employees to have balanced lives, which is why we have a discretionary time off policy for all salaried exempt employees. This gives you the ability to take time off as appropriate.
The specific statements shown in each section of this description are not intended to be all-inclusive. They represent typical elements and criteria necessary to successfully perform the job.
Stout is an Equal Employment Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment on the basis of valid job requirements, qualifications and merit without regard to race, color, creed, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, physical or mental disability, age, protected genetic information, protected veteran status or any other characteristic protected by applicable local, state or federal law. Stout values a diverse workforce and strongly encourages women, people of color, members of the LGBTQ+ communities, veterans, people with disabilities and members of other underrepresented communities to apply.
Interested in joining a rapidly growing group of bright, ambitious professionals in a work environment that values culture, diversity, and personal growth? Stout might just be the right place for you.